NewEdge Advisors Adds $1.4 Billion Florida Panhandle Team Formerly With Merrill Lynch
New Orleans-based registered investment adviser NewEdge Advisors LLC announced that Tim Krueger, Cory Fosdyck, Jerry Brown, Collin McCall and associates – a team based in Destin, Fla. – has joined the firm from Merrill Lynch, where they managed $1.4 billion in client assets. At NewEdge, the team will be known as Krueger, Fosdyck, Brown, McCall & Associates.
“We are delighted to welcome Krueger, Fosdyck, Brown, McCall & Associates to the growing network of seasoned professionals at NewEdge Advisors,” said Alex Goss, chief executive officer of NewEdge Advisors. “I am grateful that these industry-leading practitioners have chosen NewEdge as their new home, and we look forward to providing the resources and solutions they need to deliver comprehensive wealth management and planning for families, business owners, and institutions.”
The newly independent team, nine members in total, which includes senior wealth advisers Nina McClanahan and Gabe Campbell, chose Goldman Sachs Custody Solutions as their primary custodian.
“Our continued collaboration with NewEdge enables us to collectively support advisers and empower them to better serve their clients. We are thrilled to be working with Krueger, Fosdyck, Brown, McCall & Associates, and look forward to supporting the evolution of their business,” said Bill Dalton, head of RIA custody sales at Goldman Sachs.
Another group that chose Goldman Sachs as its custodian is Fortis Wealth Advisors, a Dallas-based team that similarly joined NewEdge Advisors last summer after previously being with J.P. Morgan Securities. At the time, Fortis oversaw approximately $580 million in client assets.
Regarding this latest activity, Fosdyck alluded to looking forward to his firm’s future.
“NewEdge Advisors appealed to our team with its ability to prioritize our goals. This transition will enable us to enhance our client service and significantly expand our capacity to offer opportunities to clients, their families, and businesses,” said Fosdyck, co-founder and partner at Krueger, Fosdyck, Brown, McCall & Associates.
New Orleans-based NewEdge Advisors is a registered investment adviser founded by Alex Goss, Jerry Goss, and Neil Turner. Previously known as Goss Advisors, the firm became a part of EdgeCo Holdings in 2020 to lead the 1099 wealth division. In 2021, NewEdge Advisors was created as a part of the launch of NewEdge Capital Group. According to its most recent Form ADV filing, the RIA serves approximately $27 billion in advisory and brokerage assets.
NewEdge Capital Group also consists of NewEdge Wealth LLC, an ultra-high net worth-oriented RIA focused on institutional and family office clients. In January 2025, NewEdge Wealth added William deButts and Jimmy Patrick as managing directors. DeButts joined NewEdge’s Atlanta location while Patrick was the first adviser to join in North Carolina. Both previously served as partners and senior wealth advisers with Edge Capital Partners.
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